ATK Awarded $17 Million Contract for AIM-9P Sidewinder Rocket Motors
ATK Rocket Motors Support Sustainment of AIM-9P Missiles
Production of ATK's AIM-9P Rocket Motors to be Performed at Allegany
Ballistics Laboratory (ABL) in Rocket Center, W. Va.
ARLINGTON, Va., Feb. 12, 2013
ARLINGTON, Va., Feb. 12, 2013 /PRNewswire/ -- ATK (NYSE: ATK) has been awarded
a contract worth $17 million for production of rocket motors for AIM-9P
Sidewinder customers within the United States Foreign Military Sales (FMS)
program. Under FMS, the U.S. government procures defense articles and
services on behalf of one or more foreign customers. The U.S. Air Force
(USAF) at Hill Air Force Base in Utah issued the award. Work will be performed
at Allegany Ballistics Laboratory (ABL) in Rocket Center, W. Va.
This ATK rocket motor is used to power the AIM-9P version of the Sidewinder
missile, which is a supersonic, heat-seeking air-to-air missile used by a
variety of fixed-wing combat aircraft since the 1970s. The AIM-9P Sidewinder
was previously exported and is still in use by NATO countries and other
international U.S. allies. ATK manufactured more than 30,000 AIM-9P rocket
motors at the ABL facility in Rocket Center, W. Va. between 1978 and 1990.
Many international inventories of the AIM-9P Sidewinder are aging beyond the
missile's period of expected use in service. By re-starting the AIM-9P rocket
motor production line, ATK and the USAF provide international partners with an
affordable solution to update and extend the service life of their defense
systems well into the future, while avoiding substantial financial investments
in new missiles and aircraft.
"ATK is proud to re-start production of the AIM-9P rocket motor to support the
needs of our FMS customers," said Jerry Brode, Tactical Propulsion Market
Segment Director at ATK's Missile Products division. "This rocket motor has a
significant history with ATK and has maintained a long-standing position
within our portfolio of tactical Sidewinder and air-to-air rocket motor
"ATK is committed to the ongoing success of our international allies," said
Cary Ralston, vice president and general manager of the Missile Products
division within ATK's Defense Group. "We are honored to provide our customers
around the globe with an affordable and efficient solution to reinvigorate and
sustain the service life of their missile defense systems."
Production of the AIM-9P rocket motor will occur at ABL, a U.S. Navy-owned,
ATK-operated facility. ABL specializes in advanced manufacturing technologies
for a variety of programs supporting current and future U.S. industrial base
needs in advanced fuzing and integration, conventional munitions assemblies,
solid rocket motor propulsion, and advanced material structures.
ATK's Defense Group is an industry leader in providing innovative and
affordable products across ammunition,precision and strike weapons,
electronic warfare systems, and missile components across air, sea, and
land-based systems. ATK is an aerospace, defense, and commercial products
company with operations in 21 states, Puerto Rico, and internationally. News
and information can be found on the Internet at www.atk.com.
Certain information discussed in this press release constitutes
forward-looking statements as defined in the Private Securities Litigation
Reform Act of 1995. Although ATK believes that the expectations reflected in
such forward-looking statements are based on reasonable assumptions, it can
give no assurance that its expectations will be achieved. Forward-looking
information is subject to certain risks, trends and uncertainties that could
cause actual results to differ materially from those projected. Among those
factors are: changes in governmental spending, budgetary policies and product
sourcing strategies; the company's competitive environment; the terms and
timing of awards and contracts; and economic conditions. ATK undertakes no
obligation to update any forward-looking statements. For further information
on factors that could impact ATK, and statements contained herein, please
refer to ATK's most recent Annual Report on Form 10-K and any subsequent
quarterly reports on Form 10-Q and current reports on Form 8-K filed with the
U.S. Securities and Exchange Commission.
Distribution A - Approved for public release: distribution unlimited. Ref #
13-01-16_EBH_005 PA Case # 88ABW-2013-0565 (7 February 2013).
Media Contact: Investor Contact:
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Phone: 410-864-4932 Phone: 952-351-3056
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